Asked by
Dylan Balack
on Nov 07, 2024Verified
Net income is equal to zero at the accounting break-even point.
Net Income
The net income of a company, calculated by deducting all costs and taxes from its total revenues.
Accounting Break-Even
The sales level that results in zero project net income.
- Understand the difference between accounting and financial break-even points.
Verified Answer
ES
Learning Objectives
- Understand the difference between accounting and financial break-even points.